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2481  Alternate cryptocurrencies / Altcoin Discussion / Re: Is crypto-powered social network a trend? on: November 04, 2019, 01:18:06 PM
I noticed that there are quite a number of crypto-powered social media popping out in recent years. I believe the most successful one is Steemit, which most of us can agreed on. There are also other social network platforms like Appics, Uhive and etc. I am curious to know if anyone of you is willing to switch from the daily social network app like Facebook, Twitter and Instagram to crypto-powered social network. And if you could, do share your reasons for doing so.

One pays you the other just data mines you, i guess the incentive is there...

Its like those bounties that pay you when posting in the "classic" social networks, but with the payment system built in. You pay and get paid for views, likes and comments. But in their token which might not make it such a good deal after all...

Well i suppose some people will try their best to "pull their friends out" the common networks, but its always the "social" factor the hard one. People won't easily change, "my friends are there"...

Its actually easier when you DON'T use any of the classic networks, you got "nothing to lose". Reminds me of people's Windows addiction...

2482  Bitcoin / Bitcoin Discussion / Re: How does the adoption of China affects the crypto market and blockchain industry on: November 04, 2019, 01:07:36 PM
A week ago, President Xi of China has urged the Chinese to seize opportunities in the crypto market and blockchain industry. The announcement caught the market by surprise and drive the price of Bitcoin up until $10, 000. I personally believe that with the participation of Chinese, it is undoubtedly that the adoption rate would be greatly increased. But, wouldn't it subject the Chinese projects to be under the influence of Communist Party of China? What are your thoughts on this one?

They mention blockchain but not Bitcoin. This is not "adoption", you can make plenty of garbage projects using "a blockchain".

If they make a State backed central fiat like cryptocoin, it won't make any difference to Yuans. Its perhaps worse than those. Its actually a disturbing trend, the complete opposite to Bitcoin's freedom.

Hopefully, when "studying the subject" some more people will inevitable learn about Bitcoin and the freedom it grants, so it may indirectly subvert a bit the state oppression, if only the people learn there is this money out there controlled by no one...

Just imagine the day the money and State become separate, but not controlled by 4 banks as in Hong Kong...
2483  Economy / Speculation / Re: Bitcoin Price Holds Above $9k on: November 04, 2019, 12:58:33 PM
The world’s most profitable company, today announced that it is going public, in what could be the biggest ever IPO. The oil giant, Saudi Aramco, posted an H1 profit of $46.9bn in 2019, compared to Apple’s $21.6bn in the same period. But one imagines that return on investment will still pale into insignificance compared to Bitcoin.

Bitcoin went from zero to whatever price it has when you read this. Companies can have similar performance, perhaps in a different timespan. But the key difference is the time of investment. You say this company is already big, so its probably getting in with an already high price. But when the company is small and unknown, and nobody believes in it, at that point is cheap and those investing that early have the highest potential of profit in the long run. Think Apple in the 70ies, two kids in a garage, they went to a third person that invested big, but quickly withdraw. Boy did he "lost" good. Its like buying bitcoin when it was 3¢ then sell it all when it reached 1$ (100¢), after all its 33 times its value...

Those large companies, say its stock starts at 50$, suppose it goes to 250$, thats 5 times, not bad but not stellar.

Once the company decides to "go public", it might be too late for spectacular gains, you could say its mature. It might get you profit, just don't expect miracles.

I suppose in this case, those that invested at the earliest were probably the Saudi monarchy themselves. That country knows oil won't be such a good business forever, and has already taken steps in diversification, unlike the complete idiots that rule over my country that ran it into misery.

Imagine that you invest in bitcoin now, and it reaches 18k (2x) that's not bad, but its not stellar either. It matured. As always, those that invest earliest (and risked more), have the chance to gain more.
2484  Bitcoin / Mining support / Re: Need Antminer s9 serial connect to eliminate NEW VIRUS!!! on: November 03, 2019, 06:22:39 PM
It can't. If you are using S9s, you should try booting braiinsOS from the sd card, and see for yourself. Remember bOS only works from S9 to S9i, nothing later (no Hydro, K or SE).

Once you boot BraiinsOS and see everything is working, you could try flashing it to nand (from its Web UI) and see if it works, if it does, you can then go back to Bitmain's using their sd T9+ image firmware method.

One weakness tho, would be the controller flash nand storage. I don't know how evil that malware is, but it is theoretically possible to force damage the nand by endlessly writing data to it. Most damaged flash media still allows reading, which would be perfect for a very unethical thief...

Sometimes people come saying they can't mysteriously install to nand anymore (and obviously Bitmain firmware never restores).

Bitmain fw only blindly copies itself to nand, if the nand is damaged that does nothing. But bOS can run without nand, with the jp4 jumper eternally moved into the boot from sd position. Just buy the cheapest smallest sd card you can find.
2485  Bitcoin / Bitcoin Discussion / Re: I Just Love the Game of a Totalitarian State on: November 03, 2019, 05:48:08 PM
Can't say I like what they're doing. A government that is undecided and first bans something to later change their stance by 180 degrees and threaten people who don't like it only proves that the government is unstable. How can they rule the country if they don't know what's good for their people. This year it's bed 2 years later it's good what next?

Smart Chinese people should move to Hong Kong.

No, smart people should move to Taiwan. Hong Kong doesn't have an American fleet cushioning an invasion, Hong Kong is already a lost cause.

Of course, Chinese people have been emigrating en mass for decades. Saw that container found full of (Chinese) dead people in UK? Just for how long do you think this has been going? Half a century or more... People are willing to risk it all to escape oppressive regimes, and they know many die to never achieve their dreams. Those that make it are often exploited to levels of slavery. They hope their sacrifice would somehow help their family back home, with money or escaping, rinse and repeat.

China has the largest population, and the largest emigration. But you see the same pattern repeat all over the world, North Korea, Morocco, Cuba, you name it.

"Forbidding" talk, discussion and debate about anything is morally unacceptable. Its simply State oppression, no matter what color or "ideology" they paint it with, it is the very same.

That government is not unstable, its just another police oppressive state. Not unlike what China has always had for thousands of years... As long as their military stick to obeying orders from their leaders, and this is the largest military force in the world.

What is there to love from State oppression? Tho admittedly that has been human's history, with varying degrees of "freedom". Even in China, you are now able to do almost anything as long as you don't touch politics. Just like monarchies. Too bad when the State decides where you can and where you cannot go, or if you are even eligible to do so...

In feudal times, you weren't even allowed to leave the feud, the small region you were born. Vassals belonged to the lord, only the lord could decide for you. Well now the lord is the State.
2486  Bitcoin / Bitcoin Discussion / Re: What are the advantages and disadvantages of BTC/LN and BSV? on: November 03, 2019, 05:13:37 PM
But how can we get more and more real world merchants accept BTC with a transaction speed of 3~7 per second?

We can't.Bitcoin will remain as a "digital gold"-store of value.
No cryptocurrency will become widely adopted by the merchants anytime soon.

Actually there is only a small subset of merchants that need this "3 secs transaction". Many things can be bought with a day long transaction just fine, its just the typical coffee thing. In general, anything bought online can wait a day or so perfectly fine.

Gold is actually more cumbersome, if there was a merchant willing to take it directly, you would need to take it there which is risky, and the merchant would have check it to see if its not fake or low quality, weight etc..

In "good" days bitcoin transactions confirm in under 1 hour, which is fine for most things. In "bad" days it may take a day or so. I haven't seen the early 2018 mess repeat again.

Offchain "micro" transactions should also help reduce traffic somewhat for onchain transactions. Its not perfect, but it does fit that need. Yes i know LN transactions eventually get consolidated onchain. Perhaps there was a better way to design this.

Beyond legal/accounting reasons, i don't see why most merchants don't just adopt Bitcoin, and some other altcoins to look "trendy/fashionable".

The way i see it, once the major wallets adopt LN, it will "just happen". But we will see how this gets implemented and if it is user friendly enough. To me, LN transactions should be exceptional, not default.
2487  Bitcoin / Mining software (miners) / Re: Braiins OS: open-source mining firmware [S9, T1]. New release includes AsicBoost on: November 03, 2019, 04:10:18 PM
I have been using Braiins for a while now and it has been working fine with stock fans.
Now I want to use S9 underclocked with external cooling and have been adding "no-sensor-scan":true, and different variations of it to the config file but it still does not work and gives 'Last cgminer quit reason: not enough fans' .
Can somebody who has got it working without fans psot a screenshot of their cgminer.conf file please?

What has sensor detection anything to do with the presence of fans? The correct option is min-fans":"0"

Leave the sensors alone if they work fine...
2488  Bitcoin / Bitcoin Discussion / Re: The One Thing That Could Stop Bitcoin on: November 01, 2019, 06:32:16 PM
What do they do with the mining pools once they take over?

First, Turn off the miners. This is a very temporary attack and just means the BTC network is slow for a while and takes time to recover. A big deal, yes, renders BTC relatively unusable and tanks the value for a while. But despite all of that, the BTC network will say "never again" and learn the lesson of requiring geographically diverse pools. We might have to experience this before we fix it, but it won't kill BTC, the true ownership of keys and decentralization, which still exists despite the network being slow, will be resilient.

Second, Attack the network. the BTC network follows specific consensus rules, you can't go against those even if you control the miners. the other option is to re-write history, to do some transactions, spend some money, and then go back and re-write the Blockchain with "bad" data. This would undoubtedly suck, it would be very bad public relations for all crypto-currencies and laymen would not trust Crypto for another 10 years, they'd declare it dead over and over again until people finally admit it isn't dead.

This is out of code, its unenforceable and unnecessary. The network will self adjust regardless of how much hashrate remains, always. Doesn't matter where the Geo-location of nodes it, the code doesn't care and shouldn't care because this could be faked or hidden anyway.

So what if you shut off the "4 main pools", again the network would adapt, assuming that a good portion of that hash rate doesn't migrate to the remaining pools which is highly probable.

Go back and rewrite the blockchain is not possible, you would cause a hard fork. And Ethereum already did the unthinkable anyway, they earned their stigma after that incident. Bitcoin never will.

To successfully pull a 51% attack you will probably need to spend far more money than any possible gains of doing so, especially in the largest blockchain with the highest hashrate on Earth.

Some "whales" have already tried, it didn't end too well to them.
2489  Bitcoin / Bitcoin Discussion / Re: You don't want Bitcoin, You don't want Future :-\ on: November 01, 2019, 06:13:12 PM
You have already listed the advances of bitcoin because that is what your question is. The whole big talk about it for my view is that bitcoin is part of the modern world. You can't afford not to grow, is all digital and hodl bitcoin for more growth.
If the would continues to get digital like its going is it possible that there would come a time bitcoin or cryptocurrency would go out of date and a new and more advanced form would emerge

Bitcoin has a chance to change and adapt, it has changed a bit since the beginning.

The only major change i could foresee at some point, is changing from its classic sha256 crypto algorithm to a quantum crypto algorithm. Perhaps in a 100 years. There could be another coin to do the same thing, of course. This is only after quantum computing reaches mass production and the masses. We may not even be here to see it, but it should occur before the last bitcoin is minted in 2140.

As opposed to bank interest, trading shouldn't be the answer. You CAN trade with fiat, in the so called forex market. No, the correct counterpoint would be: Not losing value overtime, in fact, gain. It is a small gain, as it is a deflationary coin, with limited production that no one can order increase the amount suddenly by executive order when the yearly budget doesn't fit...

You could say that "the interest is built in", but the correct answer is, all fiats are losing value intentionally promoted by the dominating school of economy, afraid that deflation would stop the getting in debt craze that they insist slavering the people into.

I think Bitcoin and the Austrian school of economy will have to come together. there are too many fools here that still fear deflation, they simply haven't read any Austrians, they think the world is what the Chicago boys said, and nothing else exists. Well it does, banks shouldn't be paying you interest if you are not lending; your money keeps its purchasing power on its own you should only spend what you have, and not what you "could" have, as the vapor economy of today insists.
2490  Bitcoin / Bitcoin Discussion / Re: Share Your Experiences on: November 01, 2019, 05:57:42 PM
Was reading about how Bitcoin first came into existence and people's first experiences with Bitcoin, cryptocurrency, etc on Reddit. I want to know how your guy's first experiences was with Bitcoin, and if you ever had any regrets or wins throughout the years. Also, would be cool to know how people first actually got Bitcoin back nearly a decade ago when it wasn't as easy as buying some from a local Bitcoin ATM near you.

I'd say bad, because in a retrospective, Satoshi foolishly released a windows only wallet. This lost me interest, two years earlier i said goodbye to windows, and never went back to it ever since. Yes, with the code available it was ported later but during that time i was busy with my job and didn't care about it until it was too late for me to be able to just buy and hold. The economy in this country collapsed due the eternal politician idiocy, the fact that they can cause a disaster and have the weaponry to remain eternally in power unchecked.

In 2013 i played with Dogecoin which indirectly made me learn about Bitcoin, but we no longer had access to foreign currency, and there was no path to buy, even if you could, it would amount to a few satoshis anyway.

And things only got much much worse.
 
This is why, you cannot trust people. Do not trust, this is what makes bitcoin strong. No surprises, all is code.

Let all fiat and Chicago school inflationary economies fall, the sooner the better. No more debt, no more fractional reserve banking, no more bubbles.
2491  Bitcoin / Bitcoin Discussion / Re: South Korea discuss the possibility to give crypto a legal status on: November 01, 2019, 05:41:40 PM
Currently, crypto is NOT taxed in korea. If they do this, it most likely WILL be taxed in korea.

Please everyone, for the sake of me, let’s all sign a petition to stop the Korean government from doing this to ME and everyone like me. This will not raise trading volumes on korean exchanges and will only hurt those invested in crypto in korea.

Damn you Korean government! Damn you all to hell....!


So if they tax crypto, how will they do it? At the exchange? What if you use an exchange from another country?

Or they expect everyone to be nice and declare their assets willingly?

My country gov also licensed some exchanges and even set up one themselves, but no one uses it. In theory, nobody should be "sending" money from abroad without paying some tax, and they do tax the likes of Western Union.

Since the beginning i always found the idea of taxing Bitcoin nearly impossible. Even if you willingly surrender your data, you can always keep "hidden" wallets undeclared. The money doesn't really ever cross borders, while its all over the globe at the same time, so the idea of taxing based movement across borders is... silly.

But maybe they plan to give some consumer protection from rogue exchanges. As long as the use of local exchanges is voluntary it shouldn't be too bad. They would also be able to tax those exchanges directly and their clients, perhaps take a cut from the exchange fees.

And it would be a laughable joke to legalize mining in the country with the most expensive electricity in the world. Hello from the country with the cheapest electricity! We don't have many large miners either, its too risky, unless you somehow have ties with those in power...
2492  Other / Archival / Re: Best Laptop for crypto? on: November 01, 2019, 05:14:02 PM
The question should have been: "Best Laptop for Linux?". You are not going to ever do anything serious (or safe) using windows or osx.

It will also trigger many excellent answers if you search exactly that, some even sell those pre-installed, but you can always install your own distro, such as Tails.
2493  Other / Off-topic / Re: From china, Poor English, You could leave your question about China or something on: November 01, 2019, 05:10:12 PM
I'm a newcomer from china, wanna to contact with English speaker. Can you interact with me?  Grin Grin Grin

Who will "win" the "economic war" initiated by Trump, is China feeling "anything" after Trump decided to unilaterally rise taxes to all Chinese goods? Did sales slowdown, has the Chinese economy felt ANY consequences? Or is it Trump delusions that will fade away when he leaves office next year or in 2024?
2494  Other / Off-topic / Re: Marijuana should be legalized.? on: November 01, 2019, 05:02:12 PM
Using and planting marijuana in our country is prohibited as well despite of the good effect it can cause to our body (they say it can cure certain illness) but still the law is against it.

The problem is some people are abusing marijuana and we know it has a bad effect to our health and also to our mind.

So does Alcohol and Tobacco, and yet those are "legal". Perhaps there was no big lobbying for cannabis back then?

Just let the tobacco industry add cannabis products, that will probably trigger their lobbying machinery. Consumers will get mass produced cannabis cigarettes, and apply the very same rules (no smoking in public spaces, etc).
2495  Other / Off-topic / Re: Flat Earth on: November 01, 2019, 04:15:39 AM
Can you imagine 800 pages of something as silly as flat earth? You have it all wrong, clearly the world is on the back of a turtle moving thru space. Just be thankful its not a Thoroid, Homer would be pleased...
2496  Other / Off-topic / Re: Marijuana should be legalized.? on: November 01, 2019, 04:09:46 AM
Here in the Netherlands you can smoke weed in one of so many coffeeshops as much as you want until your farts starting to smell like marijuana.

That's beautiful shit is the government aware of it?  I love this already.

The Dutch goverment has a policy of toleration regarding soft drugs. This means that the sale of soft drugs in coffeeshops is a criminal offence but the Public Prosecution Service does not prosecute coffeeshops for this offence. Neither does the Public Prosecution Service prosecute members of the public for possession of small quantities of soft drugs.

You can buy no more than 5 grams of cannabis (marijuana or hash) and it is forbidden growing more than 5 home-made cannabis plants for personal consumption.

This is a form of regulation. Is it illegal to smoke outside of these coffeeshops? In my country it is illegal but not terribly difficult to find (or smell). I don't encourage its use but i'm in favor of legalization. Was it Australia that also had the coffeshop thing, where you are restricted only to those designated places if you want to smoke, but anywhere else is illegal?

Just like tobacco smoking is banned from public places unless the area is designated for it in many countries/cities.
2497  Other / Off-topic / Re: DOTA 2 is better than LOL YES or NO ? on: November 01, 2019, 03:52:11 AM
Well the whole "moba" concept came from the maker of DOTA (Warcraft 3 mod), who started it with an earlier mod for Starcraft. And he was hired by Valve to make Dota 2, so naturally it shows in game mechanics.

There were other mobas such as HoN, but they are all copying the idea of this person. This game style has attracted so many people and even professional e-gamers worldwide.

I have a bit of disdain when they attain this "pro" level, as people start getting too serious and end being more stressed than having fun. But yeah i get this type of player, tho i don't particularly get involved much to keep peace of mind.

LoL is, well Korean cash cow? They made it more attractive to newbies both in visual and game mechanics, and it is perhaps more fun and less pro, not sure (heroes being able to do anything and less specialized as in dota). It also happens to have shorter matches, that might also matter.

Play what you have most fun with... But remember who the original is. Its like Bitcoin vs altcoins, Satoshi vs the rest :3
2498  Other / Off-topic / Re: Whats Your Favorite Game Of All Time? on: November 01, 2019, 03:39:00 AM
The best game(s) of all time is the Final Fantasy series. Especially part 7, 8 & 9 are outstanding.
I spent hundreds or even thousands of hours playing them.

5 and 6 for me. I think, with 5 (originally unreleased in America) they made the mistake of give full freedom to character occupation development, you can literally spend months having all your characters learn everything from all classes if you want. This was more or less fixated in 6, and i think all the other games.

It is, too tempting not to have your fighter/rogue be also a mage, healer, summoner, mimic or what not lol.

6 story is too good, there is in an opera in there lol. Of course the earlier ones are nice as well, tho i guess you'd need a guide for full completion.

Those years where Enix was an actual rival, also had interesting things like the Tales series the very first one Tales of Phantasia was nice, and the first two Star Ocean games.

Someday i hope to have time to play games again, or perhaps online it is, if i manage to live in a place with good connectivity unlike now.
2499  Other / Off-topic / Re: How is marijuana a controlled substance? on: November 01, 2019, 03:13:21 AM
Two things to remember:

1. If you place a marijuana plant or some marijuana oil on a table in front of you, you can control it. You can do all kinds of things to it in your control of it. You can burn it. You can change it chemically. You can cook it. You can eat it. There are all kinds of ways you can control it. Almost anybody can control it in numerous ways;

2. Government can do nothing. It is only people who do things. People in government use government as a guideline for what they do. But whatever government does, it is really done by people, people acting out their position in government.

The point? Since anybody can control marijuana (#1, above), it is not marijuana control that government people do when they claim to control marijuana. Rather it is people control that government people do.

What is it called when people control other people, especially against their will, and on a regular basis? Isn't it called enslavement? Isn't it called slavery?

So, marijuana control is really enslavement of at least some of the people.

You might not like being enslaved, but you don't know what to do about it... how to get out of your slavery.

If you like marijuana enslavement for all people, just remember. If government can enslave you regarding your marijuana use, then they can enslave you regarding just about anything in your life. And if you promote the enslavement that government does regarding marijuana, then you are essentially a slaver. But (in the USA, at least), wasn't slavery abolished by the 13th Amendment?

The 13th Amendment:
Amendment XIII
Section 1.

Neither slavery nor involuntary servitude, except as a punishment for crime whereof the party shall have been duly convicted, shall exist within the United States, or any place subject to their jurisdiction.
Section 2.

Congress shall have power to enforce this article by appropriate legislation.

What do you think about this?

Cool


Isn't it this way for most things the State does? Money, Food, Human behavior?

One of the cannabis family was traditionally used for fabric, i suppose they still allow this use?

The plants, all of them developed different ways to fight plagues. Some are poisonous to humans, some not so much, but they themselves are innocent. Coca leaves are pretty much innocuous, even beneficial in high altitudes, yet some people process them in some industrial process to extract a substance that makes people crazy. Some other plants like Cannabis are strong enough in its natural state to produce some effect without extracting and concentrating (tho i imagine there are drugs developed for medical use as pain relief etc).

Nobody stops to think of the plants, it only wants to live, not get eaten by bugs, thats why they developed that poison in the first place.

Recreational use, well i guess, if nobody gets harmed, but humans aren't the most disciplined of creatures, especially when under the effect of mild doses of bug poison that doesn't quite kill humans but make them feel "great" or whatever.

If you accept the State, you are already accepting a form of slavery. No use citing the very thing that made it: Constitution.
2500  Other / Off-topic / Re: Crypto is Down on: November 01, 2019, 02:57:40 AM
Crypto is Down!

Why you guys dont do nothing !!
Why nobody who have innfluence in crypto world Don't do nothing?

How You guys letting this happended?? 
Btc is 7000$ high..  Its a shame! .. Btc should be 20k at least...  Ethereum is low too!

What is Wrong with cryptocurrency?  Im trader i make money When crypto Go Up or down! 
The Price Not Even changing.. Its just around 7k-8k range! 

Yes you can do something go to sleep. Check next week, next month, or next year.

I know bitcoin will recover. The rest? Maybe, probably not. depending on project. Several are destined to end.

BTC will have the price the market decides and this is the best price, over time. Fluctuation will tend to slow down with time, but it needs more years and decades. It is possible that we have already seen the most high price in decades to come, but that is fine. Bitcoin is naturally destined to rise in price in opposite direction the the fiat government induced devaluation, so at least 2% yearly. But that is of course at the top of the graph, maybe after the year 2140 when the last coin is "minted".

Before that you should expect slowing of price increases. Still rising, but slower, over time. Please zoom out and see the entire picture, not just the last week or month, look at years, the whole decade. You should be able to recognize this logarithm curve, that starts up very quickly, nearly vertical then makes a curve that slows down over time. See if there are other assets with similar behavior, assets that tend to be limited in nature...

Its down, means its free of intervention, this is beautiful. Your chance to buy, rejoice!
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